Best of the Brokers for 19 June 2015

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Cantor Fitzgerald reiterated its “buy” recommendation on the home shopping company, following final results which were in line with expectations. The broker noted that Express Gifts has had a steady record “so any question marks over the quality of the business are, in our view, unfair”.

Numis maintained its “buy” rating on the video game services firm, following presentations from the group which “noted the rapid growth in demand for Keywords’ services, gave insight into how the group operates, and reiterated the group’s focus on both organic and acquisitive growth”.

Berenberg initiated coverage of the pipe supplier with a “buy” recommendation. The broker said: “Following its IPO in April 2014, the stock has performed in line with the market, but we believe it is underappreciated given the structural growth in its end-markets in the UK and internationally.”